Business, 29.09.2021 20:20, barstr9146

Liam has a gross income of $120,000 and takes the standard deduction. a) What are his total taxes due?
b) What is his marginal tax rate?
c) What is his effective tax rate? Round to the nearest hundredth of
a percent.

(PLEASE ANSWER TODAY IT IS DUE IN 2 HOURS)

Answers: 3

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Liam has a gross income of $120,000 and takes the standard deduction. a) What are his total taxes...